Ch 26 HW Seved Help Submit Save & Exit 5 Check my work Consider the following premerger information about a bldding firm (Firm B) and a target firm (Firm T). Assume that both firms have no debt outstanding. 13 Firm B Firm T points Shares outstanding 6,200 Price per share 2.100 49 S 20 $ Firm B has estimated that the value of the synergistic benefits from acquiring Firm T is $9,700. Boak a. If Firm T is willing to be acquired for $22 per share in cash, what is the NPV of the merger? b. What will the price per share of the merged firm be assuming the conditions in (a)? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g, 32.16.) c. If Firm T is willing to be acquired for $22 per share in cash, what is the merger Hint Print premium? d. Suppose Firm T is agreeable to a merger by an exchange of stock. If B offers one of its shares for every two of T's shares, what will the price per share of the merged firm be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) e. What is the NPV of the merger assuming the conditions in (d)? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References NPV b. Price per share c. Merger premium d. Price per share e. NPV CO